Schweizer Electronic AG, DE0005156236

Schramberg, November 30, 2016 - Schweizer Electronic announces that its Executive Board is complete again with immediate effect. Thus, Dr. Maren Schweizer, Chief Executive Officer of Schweizer Electronic AG, has reassumed her responsibility for the business units Operations, Sales & Marketing, Global Supply Chain and Systems. Nicolas Schweizer, Deputy Chairman of the Executive Board, has been back to the office since November 7, responsible for the business units Technology, Human Resources, Legal and Communication. Marc Bunz, Chief Financial Officer at SCHWEIZER, who in the meantime has managed all areas of responsibility on an interim basis, is now able again to dedicate his time entirely to the areas Finance & Controlling, Purchasing, IT and Investor Relations.

About Schweizer:

Schweizer Electronic AG stands for state-of-the-art technology and consultancy competence. SCHWEIZER's premium printed circuit boards and innovative solutions and services for automotive, solar, industry and aviation electronics address key challenges in the areas of Power Electronics, Embedding and System Cost Reduction. Its products are distinguished for their superior quality and their energy-saving and environmentally-friendly features. Together with its partners Elekonta Marek GmbH & Co. KG, Meiko Electronics Co. Ltd. and WUS Printed Circuit Co., Ltd., the company offers in its division electronics cost- and production-optimised solutions for small, medium and large series. Together with its partner Infineon Technologies AG, SCHWEIZER plans to jointly tap the chip embedding market in future.

With about 770 employees SCHWEIZER achieved sales of 115.6 million euro in Fiscal Year 2015 (ending December). The company was founded in 1849, is managed by family members and listed at the Stuttgart and Frankfurt Stock Exchanges (ticker symbol "SCE", "ISIN DE 000515623").

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